If the Fed sells bonds and, thereby, unexpectedly shifts to a more restrictive monetary policy, in the short run, the primary impact of this policy will tend to
a. increase inflation.
b. reduce unemployment.
c. increase real output.
d. increase real interest rates.
D
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The above figure shows a firm in monopolistic competition. What is the profit maximizing level of output the firm will produce?
A) 4 units per day B) 8 units per day C) 10 units per day D) 16 units per day
The Sarbanes-Oxley Act of 2002 was passed in response to what event?
A) historically low bond prices B) unexpected increases in dividend payments to stockholders at various corporations C) a series of accounting scandals D) volatility in NASDAQ indexes
"Information Problematic" borrowers are generally
A) municipal governments. B) small businesses and individuals. C) large businesses. D) federal government.
Using 143 observations, assume that you had estimated a simple regression function and that your estimate for the slope was 0.04, with a standard error of 0.01
You want to test whether or not the estimate is statistically significant. Which of the following possible decisions is the only correct one: A) you decide that the coefficient is small and hence most likely is zero in the population B) the slope is statistically significant since it is four standard errors away from zero C) the response of Y given a change in X must be economically important since it is statistically significant D) since the slope is very small, so must be the regression R2.